Belgium: 2008 Article IV Consultation: Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

March 27, 2008

Preview Citation

Format: Chicago

Belgium: 2008 Article IV Consultation: Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2008) accessed November 22, 2024

Summary

Although economic performance has remained good, difficulties in building consensus for institutional reform have caused an ill-affordable hiatus in economic policymaking. Robust economic activity absorbed a growing labor force and allowed the unemployment rate to decline continuously. Low-income groups are being disproportionately affected by the food and energy price increases, triggering a necessary increase in targeted income support. The authorities agreed that various indicators suggest that the current level of the real effective exchange rate is broadly appropriate.

Subject: Expenditure, Fiscal consolidation, Fiscal policy, Fiscal stance, Income, National accounts, Public debt

Keywords: Belgium, Budget proposal, CR, Credit default swap spread, Europe, Expenditure side, Fiscal consolidation, Fiscal stance, Global, Government, Headline inflation, Income, ISCR, Railway company debt transfer, Rate, Structural adjustment

Publication Details

Pages:

46
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2008/111
Stock No:

1BELEA2008001
ISBN:

9781451803280
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports